USBLX vs. IEMG
Compare and contrast key facts about USAA Growth and Tax Strategy Fund (USBLX) and iShares Core MSCI Emerging Markets ETF (IEMG).
USBLX is managed by Victory Capital. It was launched on Jan 10, 1989. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USBLX or IEMG.
Key characteristics
| USBLX | IEMG | |
|---|---|---|
| YTD Return | 11.69% | 8.05% |
| 1Y Return | 19.10% | 13.69% |
| 3Y Return (Ann) | 4.28% | -2.14% |
| 5Y Return (Ann) | 7.67% | 4.51% |
| 10Y Return (Ann) | 7.29% | 2.97% |
| Sharpe Ratio | 2.70 | 0.96 |
| Daily Std Dev | 7.12% | 14.16% |
| Max Drawdown | -33.49% | -38.72% |
| Current Drawdown | 0.00% | -14.42% |
Correlation
The correlation between USBLX and IEMG is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
USBLX vs. IEMG - Performance Comparison
In the year-to-date period, USBLX achieves a 11.69% return, which is significantly higher than IEMG's 8.05% return. Over the past 10 years, USBLX has outperformed IEMG with an annualized return of 7.29%, while IEMG has yielded a comparatively lower 2.97% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USBLX vs. IEMG - Expense Ratio Comparison
USBLX has a 0.58% expense ratio, which is higher than IEMG's 0.14% expense ratio.
Risk-Adjusted Performance
USBLX vs. IEMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for USAA Growth and Tax Strategy Fund (USBLX) and iShares Core MSCI Emerging Markets ETF (IEMG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
USBLX vs. IEMG - Dividend Comparison
USBLX's dividend yield for the trailing twelve months is around 1.58%, less than IEMG's 2.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USBLX USAA Growth and Tax Strategy Fund | 1.58% | 2.11% | 1.74% | 1.66% | 1.88% | 1.95% | 2.73% | 2.16% | 2.31% | 2.69% | 2.39% | 2.37% |
IEMG iShares Core MSCI Emerging Markets ETF | 2.75% | 2.89% | 2.71% | 3.06% | 1.87% | 3.14% | 2.74% | 2.33% | 2.26% | 2.51% | 2.29% | 1.75% |
Drawdowns
USBLX vs. IEMG - Drawdown Comparison
The maximum USBLX drawdown since its inception was -33.49%, smaller than the maximum IEMG drawdown of -38.72%. Use the drawdown chart below to compare losses from any high point for USBLX and IEMG. For additional features, visit the drawdowns tool.
Volatility
USBLX vs. IEMG - Volatility Comparison
The current volatility for USAA Growth and Tax Strategy Fund (USBLX) is 1.88%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 4.16%. This indicates that USBLX experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.